JPMorgan: Crypto Selloff Nearing Bottom as ETF Outflows Show Signs of Easing
According to JPMorgan, the recent crypto market correction may be approaching a bottom. Data regarding flow and positioning indicates that the selloff is losing momentum. There are early signs of stabilization in crypto exchange-traded funds (ETFs) and derivatives, suggesting a potential turnaround. The analysis focuses on the easing of outflows as a key indicator.
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